5 part question, will leave a like :)

EM6-20 (similar to) Question Help Deluxe Fender uses a standard cost system and provide the following information Click the loan to view the Information Deluxe Fender alocate manufacturing overhead to production based on standard direct labor hours Deluxe Fender reported the following actual tesults for 2024 actual number offenders produced 20,000 actual variable overhead $4730, actuand overhead 53200 aduf direct labor hours, 380 Read the requirements Requirement 1. Compute the overhead wariances for the year wlable overhead cost walance, valable overhead officiency variance found overhead covariance and read overhead volume variance Begin with the table overhead cost and efficiency variances Select the required formulas, compute the variable overhead cost and effoency variances and identity whether each wiance is favorable (F) of unfavorable (Us you may need to simply based on the data provided Abbreviations used ACE actual cost. AQ -actum quanta FH-ided overhead SC = standard cont SQ - standard quandy. VOH wat verload Formula Variance Data Tible VOH cont variance VOH effickincy variance Run Static budget variable overhead Static budget fixed overhead Static budget direct labor hours State budget number of uns Standard direct labor hours $0.500 $28.000 700 hours 20.000 units 0025 hours per onder 1. Competitie overhead variance for the year variable overhead con variance viable whead centy walance food overhead cont wance und fred ove oursel 2. Explan wye varan favorable or unfavorable Print Done Choose from any Print DO pat 5 teman Clear All Check An EM6-20 (similar to Deluxe Fender uses a standard cost system and provide the following information Click the icon to view the information Dolume Fender allocates manufacturing overhead to production based on standard direct labor hours. Debe Fender reported the following actual results for 2024 actual number offenders produced, 20,000, actual variable overhead, 54, 730, actual fixed overhead, 532,000 actual direct labor hours, 380 Read the requirements - Requirement 1. Compute the overhead variances for the year variable overhead cost variance variable overhead efficiency variance, fed overhead cost variance, and foed overhead volume variance Begin with the variable overhead cost and efficiency variances Select the required formulas, compute the variable overhead cost and officiency variances and Identity whether each variance is favorable (F or unfavorable (U). (You may need to simply the formula based on the data provided. Abbations used AC = actual cost, AQ actual quantity FOH fixed overhead, SC - standard cost. SQ standard quality. VOH = variable overhead) Formula Variance Data Table VOH cost variance VOH efficiency variance Static budget variatie overhead $3.500 Static budget fixed overhead $23,000 i Requirements Static budget direct labor hours 700 hours Static budget number of units 20,000 units Standard direct labor hours 0 025 hours per fonder 1. Compute the overhead variances for the year variable overhead cost variance, variable overhead officiency variance, fred overhead cost variance, and foed overhead volume variance Print Done 2. Explain why the variances are favorable or unfavorable Choose from any 115 Print Done 5 parts remaining Clear Al Check